Johnson Controls reports strong growth in Q1 and updates FY23 Guidance

Q1 reported sales +4% versus prior year; +9% organically Q1 GAAP EPS of $0.17; Adjusted EPS of $0.67, up 24% versus prior year Q1 Orders +5% organically year-over year Record backlog of $11.3 billion, increased 11% organically year-over-year Initiates fiscal Q2 and updates fiscal 2023…

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